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Highlights: Madras HC's Judgment on TN's Online 'Gambling' Ban

Highlights: Madras HC's Judgment on TN's Online 'Gambling' Ban
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GST on online gaming turnover akin to scoring own goal

Globally, the taxability of the gaming industry falls within two conventional models the gross gaming revenue (GGR) and turnover tax. The GST Council’s recommendations combine the most onerous attributes of both the tax models of levy a higher tax rate in a turnover tax model setting to create an extremely unfavourable regime for the industry ....

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